Providing for consideration of the bill (H.R. 3136) to establish a demonstration program for competency-based education, and providing for consideration of the bill (H.R. 4984) to amend the loan counseling requirements under Higher Education Act of 1965, and for other purposes.

3.0.0 4984 2023-01-11T13:26:01Z 2023-01-11T13:26:01Z House H HR 2014-06-26 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GUTHRIE:H.R. 4984.Congress has the power to enact this legislation pursuantto the following:Article I, section 8 of the Constitution of the UnitedStates[Page H5818]]]> sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2014-07-28T19:06:06Z hsed00 Education and the Workforce Committee House Standing Reported by 2014-07-17T17:07:12Z Markup by 2014-07-10T20:55:03Z Referred to 2014-06-26T13:02:35Z H. Rept. 113-531 Providing for consideration of the bill (H.R. 3136) to establish a demonstration program for competency-based education, and providing for consideration of the bill (H.R. 4984) to amend the loan counseling requirements under Higher Education Act of 1965, and for other purposes. 113 677 HRES 2014-07-23 Motion to reconsider laid on the table Agreed to without objection. 14:46:06 Procedurally-related House 2014-07-28 sshr00 Health, Education, Labor, and Pensions Committee Senate Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions. IntroReferral 2014-07-24 15:39:39 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2014-07-24 15:39:38 On passage Passed by recorded vote: 405 - 11 (Roll no. 446). Floor H37100 2 House floor actions 446 https://clerk.house.gov/evs/2014/roll446.xml House 113 2014-07-24T19:39:38Z 2 2014-07-24 15:39:38 Passed/agreed to in House: On passage Passed by recorded vote: 405 - 11 (Roll no. 446). Floor 8000 9 Library of Congress 446 https://clerk.house.gov/evs/2014/roll446.xml House 113 2014-07-24T19:39:38Z 2 2014-07-24 15:33:18 On motion to recommit with instructions Failed by recorded vote: 193 - 220 (Roll no. 445). Floor H36110 2 House floor actions hsed00 Education and the Workforce Committee 445 https://clerk.house.gov/evs/2014/roll445.xml House 113 2014-07-24T19:33:18Z 2 2014-07-24 15:25:16 The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H6777) Floor H8A000 2 House floor actions 2014-07-24 15:20:19 DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to require that borrowers be informed of the amount of money they would pay if they were able to refinance their loans. Floor H8D000 2 House floor actions 2014-07-24 15:18:45 Mr. Tierney moved to recommit with instructions to the Committee on Education and the Workforce. (consideration: CR H6776-6777; text: CR H6776) Floor H36100 2 House floor actions hsed00 Education and the Workforce Committee 2014-07-24 15:18:11 The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union. (text of amendment in the nature of a substitute: CR H6761-6763) Floor H34400 2 House floor actions 2014-07-24 15:18:02 The previous question was ordered pursuant to the rule. (consideration: CR H6776) Floor H35000 2 House floor actions 2014-07-24 15:17:41 The House rose from the Committee of the Whole House on the state of the Union to report H.R. 4984. Floor H32600 2 House floor actions 2014-07-24 15:10:28 UNFINISHED BUSINESS - The Chair announced that the unfinished business was on the adoption of the Kilmer amendment No. 2, which was debated earlier and on which further proceedings had been postponed. Floor H8D000 2 House floor actions 2014-07-24 15:10:24 The House resolved into Committee of the Whole House on the state of the Union for further consideration. Floor H32050 2 House floor actions 2014-07-24 15:10:10 Considered as unfinished business. (consideration: CR H6775-6778) Floor H30000 2 House floor actions 2014-07-24 13:42:38 Committee of the Whole House on the state of the Union rises leaving H.R. 4984 as unfinished business. Floor H32700 2 House floor actions 2014-07-24 13:42:30 On motion that the Committee rise Agreed to by voice vote. Floor H32341 2 House floor actions 2014-07-24 13:42:16 Mr. Kline moved that the Committee rise. Floor H32340 2 House floor actions 2014-07-24 13:39:40 DEBATE - Pursuant to the provisions of H. Res. 677, the Committee of the Whole proceeded with 10 minutes of debate on the Peters (MI) part B amendment No. 7. Floor H8D000 2 House floor actions 2014-07-24 13:35:29 DEBATE - Pursuant to the provisions of H. Res. 677, the Committee of the Whole proceeded with 10 minutes of debate on the Hahn part B amendment No. 6. Floor H8D000 2 House floor actions 2014-07-24 13:28:37 DEBATE - Pursuant to the provisions of H. Res. 677, the Committee of the Whole proceeded with 10 minutes of debate on the part B Cohen amendment No. 5. Floor H8D000 2 House floor actions 2014-07-24 13:23:29 DEBATE - Pursuant to the provisions of H. Res. 677, the Committee of the Whole proceeded with 10 minutes of debate on the Loretta Sanchez part B amendment No. 4. Floor H8D000 2 House floor actions 2014-07-24 13:18:04 DEBATE - Pursuant to the provisions of H. Res. 677, the Committee of the Whole proceeded with 10 minutes of debate on the Murphy (FL) part B amendment No. 3. Floor H8D000 2 House floor actions 2014-07-24 13:17:21 POSTPONED PROCEEDINGS - At the conclusion of debate on the Kilmer amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Kilmer demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced. Floor H8D000 2 House floor actions 2014-07-24 13:09:12 DEBATE - Pursuant to the provisions of H. Res. 677, the Committee of the Whole proceeded with 10 minutes of debate on the Kilmer part B amendment No. 2. Floor H8D000 2 House floor actions 2014-07-24 13:03:51 DEBATE - Pursuant to the provisions of H. Res. 677, the Committee of the Whole proceeded with 10 minutes of debate on the Kline Part B amendment No. 1. Floor H8D000 2 House floor actions 2014-07-24 12:40:51 GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 4984. Floor H8D000 2 House floor actions 2014-07-24 12:40:41 The Speaker designated the Honorable Diane Black to act as Chairwoman of the Committee. Floor H32400 2 House floor actions 2014-07-24 12:40:40 House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 677 and Rule XVIII. Floor H32020 2 House floor actions 2014-07-24 12:40:25 Considered under the provisions of rule H. Res. 677. (consideration: CR H6758-6767) Floor H30000 2 House floor actions 2014-07-23 14:46:05 Rule H. Res. 677 passed House. Floor H1L220 2 House floor actions 2014-07-22 19:40:40 Rules Committee Resolution H. Res. 677 Reported to House. The rules provides a structured rule for H.R. 3136 and H.R. 4984. Both bills are debatable for one hour with or without instructions. Floor H1L210 2 House floor actions 2014-07-17 Placed on the Union Calendar, Calendar No. 397. Calendars H12410 2 House floor actions U00397 2014-07-17 Reported (Amended) by the Committee on Education and the Workforce. H. Rept. 113-531. Committee H12200 2 House floor actions hsed00 Education and the Workforce Committee 2014-07-17 Reported (Amended) by the Committee on Education and the Workforce. H. Rept. 113-531. Committee 5000 9 Library of Congress hsed00 Education and the Workforce Committee 2014-07-10 hsed00 Education and the Workforce Committee 1 House committee actions Ordered to be Reported by Voice Vote. Committee 2014-07-10 hsed00 Education and the Workforce Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2014-06-26 Referred to the House Committee on Education and the Workforce. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2014-06-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-06-26 Introduced in House IntroReferral 1000 9 Library of Congress G000558 Rep. Guthrie, Brett [R-KY-2] Brett Guthrie R KY 2 N H001067 Rep. Hudson, Richard [R-NC-8] Richard Hudson R NC 8 2014-06-26 True K000363 Rep. Kline, John [R-MN-2] John Kline R MN 2 2014-06-26 True K000376 Rep. Kelly, Mike [R-PA-3] Mike Kelly R PA 3 2014-07-09 False R000582 Rep. Roe, David P. [R-TN-1] David Roe R TN P. 1 2014-07-09 False B001284 Rep. Brooks, Susan W. [R-IN-5] Susan Brooks R IN W. 5 2014-07-09 False T000467 Rep. Thompson, Glenn [R-PA-5] Glenn Thompson R PA 5 2014-07-09 False R000592 Rep. Rokita, Todd [R-IN-4] Todd Rokita R IN 4 2014-07-09 False H001055 Rep. Heck, Joseph J. [R-NV-3] Joseph Heck R NV J. 3 2014-07-09 False B001275 Rep. Bucshon, Larry [R-IN-8] Larry Bucshon R IN 8 2014-07-09 False M001189 Rep. Messer, Luke [R-IN-6] Luke Messer R IN 6 2014-07-09 False C001047 Rep. Capito, Shelley Moore [R-WV-2] Shelley Capito R WV Moore 2 2014-07-14 False R000598 Rep. Rothfus, Keith J. [R-PA-12] Keith Rothfus R PA J. 12 2014-07-14 False B001278 Rep. Bonamici, Suzanne [D-OR-1] Suzanne Bonamici D OR 1 2014-07-14 False R000487 Rep. Royce, Edward R. [R-CA-39] ED ROYCE R CA 39 2014-07-17 False S001177 Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large] Gregorio Sablan D MP Kilili Camacho 0 2014-07-17 False K000210 Rep. King, Peter T. [R-NY-2] PETER KING R NY T. 2 2014-07-17 False M000725 Rep. Miller, George [D-CA-11] GEORGE MILLER D CA 11 2014-07-17 False Education Consumer affairs Government information and archives Government lending and loan guarantees Higher education Interest, dividends, interest rates School administration Student aid and college costs Education

00 2014-06-26 Introduced in House 2015-03-10T20:55:12Z Empowering Students Through Enhanced Financial Counseling Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require institutions of higher education (IHEs) to provide annual (currently, entrance) counseling to student borrowers under the William D. Ford Federal Direct Loan program, beginning at or prior to the student's acceptance of the loan. Requires that counseling to be conducted in person, online, or through the use of an online counseling tool maintained by the Secretary of Education.

Adds to the information such counseling shall provide:

an explanation that the borrower is not required to accept the full amount of the loan;
an explanation that the borrower should consider accepting any grant, scholarship, or state or federal work-study jobs for which the borrower is eligible before accepting federal student loans;
a recommendation to exhaust the borrower's federal student loan options prior to taking out private loans which may not offer as favorable terms and repayment options as federal student loans;
an explanation of the educational expenses Direct Loans cover;
information on the annual and aggregate limits on such loans; and
information regarding the borrower's outstanding balance and anticipated monthly payment amount.

Requires the exit counseling IHEs provide to student borrowers of loans under the Federal Family Education Loan (FFEL), Direct Loan, and Federal Perkins Loan programs to be conducted through: (1) the use of an interactive program, (2) during an in-person or online session, or (3) through the use of an online counseling tool maintained by the Secretary.

Adds to the information such counseling shall provide:

the outstanding principal and interest due on the loans;
an explanation of the grace period preceding repayment and the expected date the borrower will enter repayment;
an explanation that the borrower has the option to pay any interest that accrued while the borrower was in school or that may accrue during grace, deferment, or forbearance periods, prior to the capitalization of the interest;
information showing the borrower's anticipated monthly payments under different repayment plans; and
contact information for the loan servicer and a link to such servicer's website.

Requires IHEs to provide annual counseling to Federal Pell Grant recipients that is conducted in person, online, or through the use of an online counseling tool maintained by the Secretary.

Requires such counseling to include an explanation of:

the Pell Grant;
the educational expenses such Grants cover;
why the student may have to repay the Grant;
the maximum number of semesters or equivalent periods for which the student may be eligible for the Grant and the amount of time remaining on such eligibility;
how the student may budget for typical educational expenses; and
how the student may seek additional financial assistance from the IHE's financial aid office due to changes in the student's financial circumstances, including contact information for that office.

Directs the Secretary to maintain consumer tested online counseling tools that provide recipients of assistance under title IV with the annual counseling and exit counseling this Act requires.

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17 2014-07-17 Reported to House with amendment(s) 2015-03-11T12:14:50Z Empowering Students Through Enhanced Financial Counseling Act - (Sec. 2) Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require institutions of higher education (IHEs) to ensure that individuals who receive a Federal Pell Grant or a William D. Ford Federal Direct Loan (other than a Federal Direct consolidation Loan) receive comprehensive counseling regarding the terms and conditions of the Pell Grant or Direct Loan for each year they receive it. (Currently, IHEs are required to provide a first-time student borrower of a Direct Loan with counseling regarding the terms and conditions of such loan prior to, or upon the student's receipt of, such loan.)

Requires that counseling to be provided in a simple and understandable manner in person,online, or through the use of an online counseling tool maintained by the Secretary of Education. Requires the in person and online counseling sessions to use interactive programs that test the individual's understanding of the terms and conditions of the Pell Grant or Direct Loan.

Includes in the counseling provided to both Pell Grant and Direct Loan recipients: (1) an explanation regarding how the student may budget for typical educational expenses that includes a sample budget based on the cost of attending the IHE, and (2) an explanation of the individual's right to annually request a consumer credit report.

Requires the annual counseling provided to each student receiving a Pell Grant to include an explanation of:

the terms and conditions of the Pell Grant;
the educational expenses such Grants cover;
why the student may have to repay the Grant;
the maximum number of semesters or equivalent periods for which the student may be eligible for the Grant and the amount of time remaining on such eligibility; and
how the student may seek additional financial assistance from the IHE's financial aid office due to changes in the student's financial circumstances, including contact information for that office.

Requires the annual counseling provided to each student receiving a Direct Loan to include:

information regarding the effect of accepting the loan on the borrower's eligibility for other forms of student aid;
an explanation of the use of the master promissory note;
an explanation that the borrower is not required to accept the full amount of the loan;
an explanation that the borrower should consider accepting any grant, scholarship, or state or federal work-study jobs for which the borrower is eligible before accepting federal student loans;
a recommendation to exhaust the borrower's federal student loan options prior to taking out private loans that typically have less favorable terms and conditions than federal loans;
an explanation of a borrower's rights in taking out a private education loan;
an explanation of the educational expenses Direct Loans cover;
information on the annual and aggregate limits on such loans;
information on how interest accrues and is capitalized when it is not paid;
information regarding the option for student borrowers of Direct Unsubsidized and PLUS Loans to pay interest while they are in school;
the definition of half-time enrollment at the IHE and the consequences of not maintaining at least half-time enrollment;
an explanation of the importance of contacting the appropriate offices at the IHE if the borrower withdraws prior to completing the borrower's program of study so that the IHE can provide exit counseling to the borrower;
information regarding the borrower's anticipated, in the case of a first-time borrower, or outstanding balance and anticipated monthly payment amount under at least the standard repayment plan and the income-based repayment plan;
information regarding the borrower's obligation to repay the full amount of the loan, regardless of the progress the borrower makes in completing the borrower's program of study;
information regarding the likely consequences of defaulting on the loan and specified information regarding the IHE's cohort default rate;
information on the National Student Loan Data system and how the borrower can access the borrower's records; and
contact information for the IHE's financial aid office or other office the borrower may contact to ask questions concerning the loan.

Requires the annual counseling provided to a borrower of a Direct PLUS Loan made on behalf of a dependent student to include:

information regarding the effect of accepting the loan on the borrower's eligibility for other forms of student aid;
an explanation of the use of the master promissory note;
an explanation that the borrower is not required to accept the full amount of the loan;
information regarding the borrower's obligation to repay the full amount of the loan, regardless of the progress the student makes in completing the student's program of study;
information regarding the likely consequences of defaulting on the loan and specified information regarding the IHE's cohort default rate;
information on the National Student Loan Data system and how the borrower can access the borrower's records;
contact information for the IHE's financial aid office or other appropriate office at the IHE the borrower may contact to ask questions concerning the loan;
information regarding the borrower's option to pay the interest on the loan while the loan is in deferment;
information regarding the borrower's outstanding balance and anticipated monthly payment amount under the standard repayment plan;
debt management strategies;
an explanation that the borrower has the options to prepay each loan, pay each loan on a shorter schedule, and change repayment plans; and
contact information for the loan's loan servicer and a link to such servicer's website.

Requires an IHE, prior to making the first disbursement of a Direct Loan to a borrower for an award year, to ensure that the borrower accepts the loan for such award year by: (1) signing the master promissory note for the loan, (2) signing and returning to the IHE a separate written statement that affirmatively states that the borrower accepts the loan, or (3) electronically signing an electronic version of such statement.

(Sec. 3) Requires the exit counseling IHEs provide to student borrowers of loans under the Federal Family Education Loan (FFEL), Direct Loan, and Federal Perkins Loan programs to be conducted through: (1) the use of an interactive program, (2) during an in-person or online session, or (3) through the use of an online counseling tool maintained by the Secretary.

Adds to the information such counseling shall provide:

the outstanding principal and interest due on the loans;
an explanation of the grace period preceding repayment and the expected date the borrower will enter repayment;
an explanation that the borrower has the option to pay any interest that accrued while the borrower was in school or that may accrue during grace, deferment, or forbearance periods, prior to the capitalization of the interest;
information showing the borrower's anticipated monthly payments under at least the standard repayment plan and the income-based repayment plan;
contact information for the loan servicer and a link to such servicer's website; and
an explanation of the individual's right to annually request a consumer credit report.

(Sec. 4) Directs the Secretary to maintain consumer tested online counseling tools that provide recipients of assistance under title IV with the annual counseling and exit counseling this Act requires.

Requires the Secretary to: (1) use each online counseling tool to keep a record of which individuals have received counseling using the tool and notify the applicable IHE of the individual's completion of such counseling; (2) use the online annual counseling tool to notify a borrower who receives annual Direct Loan counseling through such tool regarding when the borrower should accept such loan; and (3) attempt to use the online exit counseling tool to provide exit counseling to a student who leaves an IHE without the prior knowledge of the IHE, provided the IHE provides exit counseling using such tool.

(Sec. 5) Makes $2 million of the amount authorized to be appropriated for maintaining the Department of Education's Financial Awareness Counseling Tool available for carrying out this Act.

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36 2014-07-24 Passed House amended 2015-03-11T12:15:09Z Empowering Students Through Enhanced Financial Counseling Act - (Sec. 2) Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require institutions of higher education (IHEs) to ensure that individuals who receive a Federal Pell Grant or a William D. Ford Federal Direct Loan (other than a Federal Direct consolidation Loan) receive comprehensive counseling regarding the terms and conditions of the Pell Grant or Direct Loan for each year they receive it. (Currently, IHEs are required to provide a first-time student borrower of a Direct Loan with counseling regarding the terms and conditions of such loan prior to, or upon the student's receipt of, such loan.)

Requires that counseling to be provided in a simple and understandable manner: (1) in person, (2) online, or (3) through the use of an online counseling tool maintained by the Secretary of Education. Requires the in person and online counseling sessions to use interactive programs that test the individual's understanding of the terms and conditions of the Pell Grant or Direct Loan.

Includes in the counseling provided to both Pell Grant and Direct Loan recipients:

an explanation regarding how the student may budget for typical educational expenses that includes a sample budget based on the cost of attending the IHE;
an explanation of the individual's right to annually request a consumer credit report;
the estimated average income and percentage of employment in the applicable state for persons with a high school diploma or equivalent, persons with some post-secondary education without completion of a degree or certificate, and persons with a bachelor's degree; and
an introduction to the financial management resources provided by the Financial Literacy and Education Commission.

Requires the annual counseling provided to each student receiving a Pell Grant to include an explanation of:

the terms and conditions of the Pell Grant;
the educational expenses such Grants cover;
why the student may have to repay the Grant;
the maximum number of semesters or equivalent periods for which the student may be eligible for the Grant and the amount of time remaining on such eligibility;
the fact that if the student transfers to another IHE not all of the courses the student has taken may count in meeting the program requirements at such IHE, but the time remaining on the student's Pell Grant eligibility wont change; and
how the student may seek additional financial assistance from the IHE's financial aid office due to changes in the student's financial circumstances, including contact information for that office.

Requires the annual counseling provided to each student receiving a Direct Loan to include:

information regarding the effect of accepting the loan on the borrower's eligibility for other forms of student aid;
an explanation of the use of the master promissory note;
an explanation that the borrower is not required to accept the full amount of the loan;
an explanation that the borrower should consider accepting any grant, scholarship, or state or federal work-study jobs for which the borrower is eligible before accepting federal student loans;
a recommendation to exhaust the borrower's federal student loan options prior to taking out private loans that typically have less favorable terms and conditions than federal loans;
an explanation of the treatment of Direct Loans and private education loans in bankruptcy;
an explanation of a borrower's rights in taking out a private education loan;
an explanation of the educational expenses Direct Loans cover;
information on the annual and aggregate limits on such loans;
information on how interest accrues and is capitalized when it is not paid;
information regarding the option for student borrowers of Direct Unsubsidized and PLUS Loans to pay interest while they are in school;
the definition of half-time enrollment at the IHE and the consequences of not maintaining at least half-time enrollment;
an explanation of the importance of contacting the appropriate offices at the IHE if the borrower withdraws prior to completing the borrower's program of study so that the IHE can provide exit counseling to the borrower;
information regarding the borrower's anticipated (in the case of a first-time borrower) or outstanding balance and anticipated monthly payment amount under at least the standard repayment plan and the income-based repayment plan;
information regarding the borrower's obligation to repay the full amount of the loan, regardless of the progress the borrower makes in completing the borrower's program of study;
information regarding the likely consequences of defaulting on the loan and specified information regarding the IHE's cohort default rate;
information on the National Student Loan Data system and how the borrower can access the borrower's records; and
contact information for the IHE's financial aid office or other office the borrower may contact to ask questions concerning the loan.

Requires the annual counseling provided to a borrower of a Direct PLUS Loan made on behalf of a dependent student to include:

information regarding the effect of accepting the loan on the borrower's eligibility for other forms of student aid;
an explanation of the use of the master promissory note;
an explanation that the borrower is not required to accept the full amount of the loan;
information regarding the borrower's obligation to repay the full amount of the loan, regardless of the progress the student makes in completing the student's program of study;
information regarding the likely consequences of defaulting on the loan and specified information regarding the IHE's cohort default rate;
information on the National Student Loan Data system and how the borrower can access the borrower's records;
contact information for the IHE's financial aid office or other appropriate office at the IHE the borrower may contact to ask questions concerning the loan;
information regarding the borrower's option to pay the interest on the loan while the loan is in deferment;
information regarding the borrower's anticipated (in the case of a first-time borrower) or outstanding balance and anticipated monthly payment amount under the standard repayment plan;
debt management strategies;
an explanation that the borrower has the options to prepay each loan, pay each loan on a shorter schedule, and change repayment plans; and
contact information for the loan's loan servicer and a link to such servicer's website.

Adds to the information such counseling shall provide:

the outstanding principal and interest due on the loans;
an explanation of the grace period preceding repayment and the expected date the borrower will enter repayment;
an explanation that the borrower has the option to pay any interest that accrued while the borrower was in school or that may accrue during grace, deferment, or forbearance periods, prior to the capitalization of the interest;
information showing the borrower's anticipated monthly payments under at least the standard repayment plan and the income-based repayment plan;
information indicating that a loan default may result in a decreased credit score, difficulty in renting or purchasing a home or car, and potential difficulty in securing employment;
contact information for the loan servicer and a link to such servicer's website; and
an explanation of the individual's right to annually request a consumer credit report.

(Sec. 5) Directs the Secretary, acting through the Director of the Institute of Education Sciences, to conduct a rigorous, longitudinal study of the impact and effectiveness of the student loan counseling required under title IV or provided through such other means the Secretary requires.

Requires the study to include borrower information (in the aggregate and disaggregated by race, ethnicity, gender, income, and status as an individual with a disability) on:

student persistence;
degree attainment;
program completion;
successful entry into student loan repayment;
cumulative borrowing levels; and
such other factors the Secretary requires.

Directs the Secretary to evaluate the progress of the study and report any short-term findings to Congress within 18 months of the study's commencement and annually thereafter.

(Sec. 6) Makes $2 million of the amount authorized to be appropriated for maintaining the Department of Education's Financial Awareness Counseling Tool available for carrying out this Act.

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Empowering Students Through Enhanced Financial Counseling Act Display Title Empowering Students Through Enhanced Financial Counseling Act Official Title as Introduced To amend the loan counseling requirements under the Higher Education Act of 1965, and for other purposes. Introduced in House IH Short Titles as Reported to House Empowering Students Through Enhanced Financial Counseling Act H House Short Titles as Passed House Empowering Students Through Enhanced Financial Counseling Act H House Short Titles as Introduced Empowering Students Through Enhanced Financial Counseling Act 1122 113 HAMDT An amendment No. 7 printed in part B of House Report 113-546 to require that student borrowers receive an explanation of the impact of a delinquency or default on a loan to their credit score, including the borrower's future ability to find employment or purchase a home or a car. Amendment requires that student borrowers receive an explanation of the impact of a delinquency or default on a loan to their credit score, including the borrower's future ability to find employment or purchase a home or a car. 2022-02-03T05:49:22Z 2014-07-24 On agreeing to the Peters (MI) amendment (A007) Agreed to by voice vote. 13:41:50 P000595 Rep. Peters, Gary C. [D-MI-14] Gary Peters D MI 14 2014-07-24T04:00:00Z House of Representatives 113 HR House H 4984 Empowering Students Through Enhanced Financial Counseling Act 2023-01-11T13:26:01Z 8 2014-07-24 13:41:50 On agreeing to the Peters (MI) amendment (A007) Agreed to by voice vote. Floor H32111 2 House floor actions 2014-07-24 13:39:18 Amendment (A007) offered by Mr. Peters (MI). (consideration: CR H6767; text: CR H6767) Floor H3A100 2 House floor actions 2014-07-24 13:39:18 House amendment offered/reported by: Amendment (A007) offered by Mr. Peters (MI).(consideration: CR H6767; text: CR H6767) NotUsed 71500 9 Library of Congress 2014-07-24 13:41:50 House amendment agreed to: On agreeing to the Peters (MI) amendment (A007) Agreed to by voice vote. Floor 72000 9 Library of Congress 2014-07-24 13:41:50 House amendment agreed to: On agreeing to the Peters (MI) amendment (A007) Agreed to by voice vote. Floor 72000 9 Library of Congress 2014-07-24 13:41:50 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2014-07-24 House amendment offered Floor 71000 9 Library of Congress 1121 113 HAMDT An amendment No. 6 printed in part B of House Report 113-546 to provide student loan borrowers with the national average cohort default rate in addition to the institution's cohort default rate and the categorical national cohort default rate. Amendment provides student loan borrowers with the national average cohort default rate in addition to the institution's cohort default rate and the categorical national cohort default rate. 2022-02-03T05:49:22Z 2014-07-24 On agreeing to the Hahn amendment (A006) Agreed to by voice vote. 13:38:22 H001063 Rep. Hahn, Janice [D-CA-44] Janice Hahn D CA 44 2014-07-24T04:00:00Z House of Representatives 113 HR House H 4984 Empowering Students Through Enhanced Financial Counseling Act 2023-01-11T13:26:01Z 8 2014-07-24 13:38:22 On agreeing to the Hahn amendment (A006) Agreed to by voice vote. Floor H32111 2 House floor actions 2014-07-24 13:35:27 Amendment (A006) offered by Ms. Hahn. (consideration: CR H6767; text: CR H6767) Floor H3A100 2 House floor actions 2014-07-24 13:35:27 House amendment offered/reported by: Amendment (A006) offered by Ms. Hahn.(consideration: CR H6767; text: CR H6767) NotUsed 71500 9 Library of Congress 2014-07-24 13:38:22 House amendment agreed to: On agreeing to the Hahn amendment (A006) Agreed to by voice vote. Floor 72000 9 Library of Congress 2014-07-24 13:38:22 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2014-07-24 13:38:22 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2014-07-24 House amendment offered Floor 71000 9 Library of Congress 1120 113 HAMDT An amendment No. 5 printed in part B of House Report 113-546 to add a requirement that students be told how federal and private student loans are treated in bankruptcy. Amendment adds a requirement that students be told how federal and private student loans are treated in bankruptcy. 2022-02-03T05:49:22Z 2014-07-24 On agreeing to the Cohen amendment (A005) Agreed to by voice vote. 13:34:48 C001068 Rep. Cohen, Steve [D-TN-9] Steve Cohen D TN 9 2014-07-24T04:00:00Z House of Representatives 113 HR House H 4984 Empowering Students Through Enhanced Financial Counseling Act 2023-01-11T13:26:01Z 7 2014-07-24 13:34:48 On agreeing to the Cohen amendment (A005) Agreed to by voice vote. Floor H32111 2 House floor actions 2014-07-24 13:28:35 Amendment (A005) offered by Mr. Cohen. (consideration: CR H6766-6767; text: CR H6766) Floor H3A100 2 House floor actions 2014-07-24 13:28:35 House amendment offered/reported by: Amendment (A005) offered by Mr. Cohen.(consideration: CR H6766-6767; text: CR H6766) NotUsed 71500 9 Library of Congress 2014-07-24 13:34:48 House amendment agreed to: On agreeing to the Cohen amendment (A005) Agreed to by voice vote. Floor 72000 9 Library of Congress 2014-07-24 13:34:48 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2014-07-24 House amendment offered Floor 71000 9 Library of Congress 1119 113 HAMDT An amendment No. 4 printed in part B of House Report 113-546 to include an explanation that if a student decides to transfer to another institution, not all of the student's credits may be acceptable towards meeting specific degree or program requirements at such institution, therefore, eligibility for Federal Pell Grants will not reset due to the maximum number of semesters or equivalent. Amendment provides for inclusion of an explanation stating that if a student decides to transfer to another institution, not all of the student's credits may be acceptable towards meeting specific degree or program requirements at such institution, therefore, eligibility for Federal Pell Grants will not reset due to the maximum number of semesters or equivalent. 2022-02-03T05:49:22Z 2014-07-24 On agreeing to the Sanchez, Loretta amendment (A004) Agreed to by voice vote. 13:27:57 S000030 Rep. Sanchez, Loretta [D-CA-46] LORETTA SANCHEZ D CA 46 2014-07-24T04:00:00Z House of Representatives 113 HR House H 4984 Empowering Students Through Enhanced Financial Counseling Act 2023-01-11T13:26:01Z 7 2014-07-24 13:27:57 On agreeing to the Sanchez, Loretta amendment (A004) Agreed to by voice vote. Floor H32111 2 House floor actions 2014-07-24 13:23:27 Amendment (A004) offered by Ms. Sanchez, Loretta. (consideration: CR H6765-6766; text: CR H6765) Floor H3A100 2 House floor actions 2014-07-24 13:23:27 House amendment offered/reported by: Amendment (A004) offered by Ms. Sanchez, Loretta.(consideration: CR H6765-6766; text: CR H6765) NotUsed 71500 9 Library of Congress 2014-07-24 13:27:57 House amendment agreed to: On agreeing to the Sanchez, Loretta amendment (A004) Agreed to by voice vote. Floor 72000 9 Library of Congress 2014-07-24 13:27:57 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2014-07-24 House amendment offered Floor 71000 9 Library of Congress 1118 113 HAMDT An amendment No. 3 printed in part B of House Report 113-546 to require the inclusion of recent average income and employment data for different levels of educational attainment. Amendment provides for the inclusion of recent average income and employment data for different levels of educational attainment. 2022-02-03T05:49:22Z 2014-07-24 On agreeing to the Murphy (FL) amendment (A003) Agreed to by voice vote. 13:22:25 M001191 Rep. Murphy, Patrick [D-FL-18] Patrick Murphy D FL 18 2014-07-24T04:00:00Z House of Representatives 113 HR House H 4984 Empowering Students Through Enhanced Financial Counseling Act 2023-01-11T13:26:01Z 7 2014-07-24 13:22:25 On agreeing to the Murphy (FL) amendment (A003) Agreed to by voice vote. Floor H32111 2 House floor actions 2014-07-24 13:18:02 Amendment (A003) offered by Mr. Murphy (FL). (consideration: CR H6764-6765; text: CR H6765) Floor H3A100 2 House floor actions 2014-07-24 13:22:25 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2014-07-24 13:22:25 House amendment agreed to: On agreeing to the Murphy (FL) amendment (A003) Agreed to by voice vote. Floor 72000 9 Library of Congress 2014-07-24 13:18:02 House amendment offered/reported by: Amendment (A003) offered by Mr. Murphy (FL).(consideration: CR H6764-6765; text: CR H6765) NotUsed 71500 9 Library of Congress 2014-07-24 House amendment offered Floor 71000 9 Library of Congress 1117 113 HAMDT An amendment No. 2 printed in part B of House Report 113-546 to ensure that each individual is aware of financial management resources provided by the Treasury Department's Financial Literacy and Education Commission. Amendment ensures that each individual is aware of financial management resources provided by the Treasury Department's Financial Literacy and Education Commission. 2022-02-03T05:49:22Z 2014-07-24 On agreeing to the Kilmer amendment (A002) Agreed to by recorded vote: 404 - 14 (Roll no. 444). 15:17:20 Roll no. 444 https://clerk.house.gov/evs/2014/roll444.xml K000381 Rep. Kilmer, Derek [D-WA-6] Derek Kilmer D WA 6 2014-07-24T04:00:00Z House of Representatives 113 HR House H 4984 Empowering Students Through Enhanced Financial Counseling Act 2023-01-11T13:26:01Z 8 2014-07-24 15:17:20 On agreeing to the Kilmer amendment (A002) Agreed to by recorded vote: 404 - 14 (Roll no. 444). Floor H32111 2 House floor actions 444 House 113 2014-07-24T19:17:20Z 2 https://clerk.house.gov/evs/2014/roll444.xml 2014-07-24 13:09:10 Amendment (A002) offered by Mr. Kilmer. (consideration: CR H6763-6764, H6775-6776; text: CR H6763) Floor H3A100 2 House floor actions 2014-07-24 13:09:10 House amendment offered/reported by: Amendment (A002) offered by Mr. Kilmer.(consideration: CR H6763-6764, H6775-6776; text: CR H6763) NotUsed 71500 9 Library of Congress 2014-07-24 15:17:20 House amendment agreed to: On agreeing to the Kilmer amendment (A002) Agreed to by recorded vote: 404 - 14 (Roll no. 444). Floor 72000 9 Library of Congress 444 House 113 2014-07-24T19:17:20Z 2 https://clerk.house.gov/evs/2014/roll444.xml 2014-07-24 15:17:20 Roll call votes on amendments in House Floor 75000 9 Library of Congress 444 House 113 2014-07-24T19:17:20Z 2 https://clerk.house.gov/evs/2014/roll444.xml 2014-07-24 15:17:20 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 444 House 113 2014-07-24T19:17:20Z 2 https://clerk.house.gov/evs/2014/roll444.xml 2014-07-24 House amendment offered Floor 71000 9 Library of Congress 1116 113 HAMDT An amendment No. 1 printed in part B of House Report 113-546 to clarify the information provided to first-time borrowers; clarify that borrowers must accept their loans annually after the completion of the other counseling requirements; require that the Secretary of Education, acting through the Director of the Institute of Education Sciences, must conduct a longitudinal study of the impact and effectiveness of the student loan counseling required under this act; and other minor technical edits. Amendment clarifies the information provided to first-time borrowers; clarifies that borrowers must accept their loans annually after the completion of the other counseling requirements; requires that the Secretary of Education, acting through the Director of the Institute of Education Sciences, must conduct a longitudinal study of the impact and effectiveness of the student loan counseling required under this act; and makes other technical corrections. 2022-02-03T05:49:22Z 2014-07-24 On agreeing to the Kline amendment (A001) Agreed to by voice vote. 13:07:46 K000363 Rep. Kline, John [R-MN-2] John Kline R MN 2 2014-07-24T04:00:00Z House of Representatives 113 HR House H 4984 Empowering Students Through Enhanced Financial Counseling Act 2023-01-11T13:26:01Z 8 2014-07-24 13:07:46 On agreeing to the Kline amendment (A001) Agreed to by voice vote. Floor H32111 2 House floor actions 2014-07-24 13:03:26 Amendment (A001) offered by Mr. Kline. (consideration: CR H6763; text: CR H6763) Floor H3A100 2 House floor actions 2014-07-24 13:03:26 House amendment offered/reported by: Amendment (A001) offered by Mr. Kline.(consideration: CR H6763; text: CR H6763) NotUsed 71500 9 Library of Congress 2014-07-24 13:07:46 House amendment agreed to: On agreeing to the Kline amendment (A001) Agreed to by voice vote. Floor 72000 9 Library of Congress 2014-07-24 13:07:46 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2014-07-24 13:07:46 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2014-07-24 House amendment offered Floor 71000 9 Library of Congress Referred in Senate 2014-07-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4984rfs/xml/BILLS-113hr4984rfs.xml Engrossed in House 2014-07-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4984eh/xml/BILLS-113hr4984eh.xml Reported in House 2014-07-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4984rh/xml/BILLS-113hr4984rh.xml Introduced in House 2014-06-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4984ih/xml/BILLS-113hr4984ih.xml 2014-07-28 Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.